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Hangzhou Baihe Clariant Expands HPP Plant

May 9, 2008

Clariant International Ltd. and Zhejiang Baihe Chemical Holding Group have announced the expansion of the Hangzhou Baihe Clariant Pigments Co. Ltd. joint venture by investing in a world-scale plant for the production of quinacridone specialty organic pigments. The new plant will be built at the existing joint venture facility located in Hang Zhou City, Zhejiang Province (PRC).

“The expansion of our highly successful Hangzhou Baihe Clariant Pigments Co. Ltd. joint venture into the production of quinacridone organic pigments is another move to clearly strengthen our position of market leaders in the field of high-performance organic pigments,” said Okke Koo, head of Clariant’s Pigments and Additives Division. “With the commissioning of this world-scale plant we will be able to further support the growing demand for high-performance organic pigments and to better serve both our domestic Chinese and global customers.”

Chen Li Rong, chairman of the board of Zhejiang Baihe Chemical Holding Group added, “The partnership between Baihe Chemical and Clariant has been proven very successful, so both parties have agreed to expand our cooperation from high-performance azo organic pigments to quinacridone and other high-performance organic pigments. At the same time Clariant will be responsible for marketing quinacridone and other pigments on a worldwide basis.”

Quinacridone organic pigments increasingly find a wide application in high-performance coatings, including architectural, automotive and industrial applications as well as plastics and printing applications.